Gettop Acoustic Co., Ltd. (SHE:002655)

Gettop Acoustic Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,226	1,194	982.36	995.29	902.35	1,160
Other Revenue	13.78	13.78	15.24	7.6	34.41	19.94
Revenue	1,239	1,208	997.6	1,003	936.76	1,180
Revenue Growth (YoY)	18.10%	21.06%	-0.53%	7.06%	-20.62%	19.89%
Cost of Revenue	923.36	912.38	764.7	787.08	689.26	962.46
Gross Profit	316.03	295.3	232.9	215.81	247.5	217.64
Selling, General & Admin	115	108.49	88.27	101.47	95.54	87.28
Research & Development	72.08	65.8	54.42	63.93	63.34	58.1
Other Operating Expenses	10.4	8.43	9.72	9.63	8.95	8.96
Operating Expenses	195.8	186.7	161.26	174.31	166.2	154.17
Operating Income	120.23	108.61	71.64	41.49	81.3	63.47
Interest Expense	-14.61	-12.49	-9.15	-5.43	-11.74	-15.3
Interest & Investment Income	5.28	5.46	2.96	0.86	0.88	0.72
Currency Exchange Gain (Loss)	3.38	3.38	1.64	10.16	-1.87	-6.35
Other Non Operating Income (Expenses)	-0.13	0.92	-1.5	-0.51	0.9	-2.05
EBT Excluding Unusual Items	114.16	105.88	65.6	46.56	69.47	40.49
Gain (Loss) on Sale of Investments	-0.21	-0.21	-0.15	-0.44	-0.23	-
Gain (Loss) on Sale of Assets	-0.98	-0.66	0.01	0.75	-0.02	0.66
Asset Writedown	-5.88	-5.99	-3.99	-2.45	-8.36	-1.67
Other Unusual Items	0.09	0.09	2	6.71	0.36	4.86
Pretax Income	107.19	99.12	63.48	51.13	61.23	44.34
Income Tax Expense	16.11	14.14	3.89	-5.02	-4.32	-1.6
Earnings From Continuing Operations	91.07	84.99	59.58	56.15	65.55	45.94
Minority Interest in Earnings	-7.51	-6.1	-3.91	-0.1	-	-
Net Income	83.57	78.89	55.67	56.06	65.55	45.94
Net Income to Common	83.57	78.89	55.67	56.06	65.55	45.94
Net Income Growth	34.47%	41.71%	-0.69%	-14.49%	42.71%	49.05%
Shares Outstanding (Basic)	360	360	360	360	364	353
Shares Outstanding (Diluted)	360	360	360	360	364	353
Shares Change (YoY)	-0.17%	-0.01%	-0.11%	-1.01%	3.07%	3.19%
EPS (Basic)	0.23	0.22	0.15	0.16	0.18	0.13
EPS (Diluted)	0.23	0.22	0.15	0.16	0.18	0.13
EPS Growth	34.70%	41.72%	-0.58%	-13.61%	38.46%	44.44%
Free Cash Flow	-108.38	-107.32	102.1	42.49	-17.96	116.78
Free Cash Flow Per Share	-0.30	-0.30	0.28	0.12	-0.05	0.33
Dividend Per Share	0.030	0.030	0.030	0.040	-	-
Dividend Growth	-	-	-25.00%	-	-	-
Gross Margin	25.50%	24.45%	23.35%	21.52%	26.42%	18.44%
Operating Margin	9.70%	8.99%	7.18%	4.14%	8.68%	5.38%
Profit Margin	6.74%	6.53%	5.58%	5.59%	7.00%	3.89%
Free Cash Flow Margin	-8.74%	-8.89%	10.23%	4.24%	-1.92%	9.90%
EBITDA	180.24	169.37	135.41	112.33	164.23	145.73
EBITDA Margin	14.54%	14.03%	13.57%	11.20%	17.53%	12.35%
D&A For EBITDA	60.02	60.77	63.77	70.84	82.93	82.26
EBIT	120.23	108.61	71.64	41.49	81.3	63.47
EBIT Margin	9.70%	8.99%	7.18%	4.14%	8.68%	5.38%
Effective Tax Rate	15.03%	14.26%	6.13%	-	-	-
Revenue as Reported	1,239	1,208	997.6	1,003	936.76	1,180

Source: S&P Global Market Intelligence. Standard template. Financial Sources.